fast commerce corporations burning INR 1,500 crore a month, ETCFO
The month-to-month money burn for Indian fast commerce firms, together with new entrants, has stormed to just about INR 1,300-1,500 crore, greater than doubling in a number of months, trade executives mentioned, indicating the fierce battle to win customers in a extremely aggressive area. Publicly listed corporations Zomato and Swiggy, which function two of the…